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Major shareholder presses SkyAI on Solana sales after treasury shrinks 70% in a month

The Block·October 14, 2026·1 min read
Major shareholder presses SkyAI on Solana sales after treasury shrinks 70% in a month

SkyAI's SOL treasury fell 70% in under a month, with 400,000 SOL unexplained. Bastion Trading won't tender at $3 a share and demands $3.50, pressing the company over the missing assets. The decline raises governance concerns as shareholders seek answers.

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